Rethinking Economic Growth Theory From a Biophysical Perspective - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rethinking Economic Growth Theory From a Biophysical Perspective write by Blair Fix. This book was released on 2014-12-09. Rethinking Economic Growth Theory From a Biophysical Perspective available in PDF, EPUB and Kindle. Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.
Rethinking the Concept of Long-Run Economic Growth
Rethinking the Concept of Long-Run Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rethinking the Concept of Long-Run Economic Growth write by Christian Groth. This book was released on 2013. Rethinking the Concept of Long-Run Economic Growth available in PDF, EPUB and Kindle. This paper argues that growth theory needs a more general quot;regularityquot; concept than that of exponential growth. This offers the possibility of considering a richer set of parameter combinations than in standard growth models. Allowing zero population growth in the Jones (1995) model serves as our illustration of the usefulness of a general concept of quot;regular growthquot.
The Theory of Economic Growth
The Theory of Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Theory of Economic Growth write by Neri Salvadori. This book was released on 2003. The Theory of Economic Growth available in PDF, EPUB and Kindle. This is a collection of work on the theory of economic growth, from a classical perspective.
The Theory of Economic Growth
The Theory of Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Theory of Economic Growth write by W. Arthur Lewis. This book was released on 2007-02. The Theory of Economic Growth available in PDF, EPUB and Kindle. Setting out the problems to be solved if mankind is to be freed from poverty, this book embraces the disciplines of economics, history, sociology, politics and anthropology.
The Economic Superorganism
The Economic Superorganism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economic Superorganism write by Carey W. King. This book was released on 2020-10-07. The Economic Superorganism available in PDF, EPUB and Kindle. Energy drives the economy, economics informs policy, and policy affects social outcomes. Since the oil crises of the 1970s, pundits have debated the validity of this sequence, but most economists and politicians still ignore it. Thus, they delude the public about the underlying influence of energy costs and constraints on economic policies that address such pressing contemporary issues as income inequality, growth, debt, and climate change. To understand why, Carey King explores the scientific and rhetorical basis of the competing narratives both within and between energy technology and economics. Energy and economic discourse seems to mirror Newton’s 3rd Law of Motion: For every narrative there is an equal and opposite counter-narrative. The competing energy narratives pit "drill, baby, drill!" against renewable technologies such as wind and solar. Both claim to provide secure, reliable, clean, and affordable energy to support economic growth with the most benefit to society, but how? To answer this question, we need to understand the competing economic narratives, techno-optimism and techno-realism. Techno-optimism claims that innovation overcomes any physical resource constraints and enables the social outcomes and economic growth we desire. Techno-realism, in contrast, states that no matter what energy technologies we use, feedbacks from physical growth on a finite planet constrain economic growth and create an uneven distribution of social impacts. In The Economic Superorganism, you will discover stories, data, science, and philosophy to guide you through the arguments from competing narratives on energy, growth, and policy. You will be able to distinguish the technically possible from the socially viable, and understand how our future depends on this distinction.
